Tencent is bitten by online travel bug
By Chen Limin | China Daily | Updated: 2011-05-18 08:20
An eLong Inc booth at an expo in Beijing. Tencent Holdings Ltd has bought a 16 percent stake in the online travel company, controlled by Expedia Inc. Nan Shan / for China Daily |
BEIJING - The Internet conglomerate Tencent Holdings Ltd has bought a 16 percent stake in an online travel company in China with the goal of expanding its portfolio and fueling growth.
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